Cadence Column: Asia, April 24, 2017

All eyes on Korea means all eyes on China, which means all eyes on Trump. What’s at stake?—not nuclear war, not regional war, not freedom for northern Koreans, but a trade deal with China. At least, that’s the story if you ask the money channels.

China is a “gold mine for innovation”, the hope for breakthrough in the car crisis—in case you didn’t know there was a car crisis. Australia is partnering with—of all countries—China to address cyber theft. China is such a booming, excellent, most-happening place that Chinese investors have actually decided it’s a good idea to finally start reinvesting in their own country.

But, most importantly, Trump needs to be very, very careful in dealing with northern Korea. China even said so. They even made a phone call to say it.